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REG - Regulus Resources Inc News Story

C$0.76 -0.0  -2.6%

Last Trade - 2:59pm

Sector
Basic Materials
Size
Micro Cap
Market Cap £46.5m
Enterprise Value £37.4m
Revenue £n/a
Position in Universe 949th / 2711

Regulus Announces Extension of Warrants

Mon 4th January, 2021 5:23pm
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VANCOUVER, British Columbia, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Regulus
Resources Inc. (“Regulus” or the “Company”) (TSX-V: REG, OTCQX: RGLSF)
proposes to extend the expiry date of 4,217,452 common share purchase warrants
(the "Warrants") that were issued pursuant to the Company’s July 27, 2016
private placement. The Warrants are exercisable into common shares of the
Company at an exercise price of $1.60 per common share. The Company will seek
acceptance from the TSX Venture Exchange (the "Exchange") to extend the term
of the Warrants for an additional six months to July 27, 2021. All other terms
of the Warrants will remain the same.

The proposed amendment to extend the expiry date of the Warrants is subject to
Exchange acceptance.

For further information, please contact:

Regulus Resources Inc.

Laura Brangwin
Investor Relations Manager
Phone: +1 646 583-1404 
Email: laura.brangwin@regulusresources.com

About Regulus Resources Inc. and the AntaKori Project

Regulus Resources Inc. is an international mineral exploration company run by
an experienced technical and management team. The principal project held by
Regulus is the AntaKori copper-gold-silver project in northern Peru. The
AntaKori project currently hosts a resource with indicated mineral resources
of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag
and inferred mineral resources of 267 million tonnes with a grade of 0.41 %
Cu, 0.26 g/t Au, and 7.8 g/t Ag (see press release dated March 1, 2019).
Mineralization remains open in most directions.

For further information on Regulus Resources Inc., please consult our website
at www.regulusresources.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined
in policies of the TSXV) accepts responsibility for the adequacy or accuracy
of this release.


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GlobeNewswire, Inc. 2021
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